Abcam (ABCZF) Total Assets : $1,296.8 Mil (As of Jun. 2023)

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What is Abcam Total Assets?

Abcam's Total Assets for the quarter that ended in Jun. 2023 was $1,296.8 Mil.

Warning Sign:

If a company builds assets at 26.6% a year, faster than its revenue growth rate of 8.1% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Abcam's average Total Assets Growth Rate was 1.80% per year. During the past 3 years, the average Total Assets Growth Rate was 39.80% per year. During the past 5 years, the average Total Assets Growth Rate was 26.60% per year. During the past 10 years, the average Total Assets Growth Rate was 23.70% per year.

During the past 13 years, Abcam's highest 3-Year average Total Assets Growth Rate was 96.90%. The lowest was 6.90%. And the median was 34.95%.

Total Assets is connected with ROA %. Abcam's annualized ROA % for the quarter that ended in Jun. 2023 was 3.28%. Total Assets is also linked to Revenue through Asset Turnover. Abcam's Asset Turnover for the quarter that ended in Jun. 2023 was 0.20.

Abcam Total Assets Historical Data

The historical data trend for Abcam's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Abcam Total Assets Chart

Abcam Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Dec22

Total Assets

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463.12

551.60

563.50

1,012.89

1,286.97

Abcam Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Jun22	Dec22	Jun23
Total Assets	Get a 7-Day Free Trial															1,105.91	1,156.38	1,311.21	1,286.97	1,296.84

Abcam Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Abcam's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	885.384	+	401.583
	=	1,287.0

Abcam's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	908.081	+	388.763
	=	1,296.8

Abcam (OTCPK:ABCZF) Total Assets Explanation

Total Assets is connected with ROA %.

Abcam's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	42.424	/	( (1286.967	+	1296.843)	/ 2 )
	=	42.424	/	1291.905
	=	3.28 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Abcam's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	256.566	/	( (1286.967	+	1296.843)	/ 2 )
=	256.566	/	1291.905
=	0.20

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Abcam Total Assets Related Terms

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Abcam (ABCZF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Abcam PLC (OTCPK:ABCZF) » Definitions » Total Assets

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N/A

Address

Discovery Drive, Cambridge Biomedical Campus, Cambridge, GBR, CB2 0AX

Website

https://www.abcam.com

Abcam PLC is a biotechnology company that develops and provides antibodies to life science research and clinical communities. The company's products allow research into the role of signaling and regulatory molecules and proteins in biological pathways. Such research ultimately leads to treatments for diseases such as cancer and immune deficiency disorders. Abcam's focused on broadening its product range, improving speed to market, and accessing underpenetrated consumer groups in its markets. The company also selectively pursues partnerships and acquisitions.